Sleep Country Announces Regular Distribution



    $0.1208 per unit for month of January

    TSX: Z.UN

    TORONTO, Jan. 18 /CNW/ - Sleep Country Canada Income Fund announced today
that its Board of Trustees has approved a regular cash distribution of $0.1208
per trust unit for the month of December to be paid on February 20, 2008 to
unitholders of record at the close of business on January 31, 2008.

    Sleep Country Canada Income Fund is the largest retailer of mattresses in
Canada with 126 corporate owned stores in eight regional markets under the
Sleep Country banner, and 24 stores in Quebec under the Dormez-vous banner.
The Fund also owns Sleep America, the largest mattress retailer in Arizona
with 44 stores. Sleep Country was again recognized as one of Canada's 50 Best
Employers in 2007 and Sleep America was recognized as a top employer in
Arizona in 2005. Sleep Country Canada Income Fund is an open-ended limited
purpose trust that owns 100% of the voting securities of Sleep Country Canada
Inc. The Fund's units are listed on the Toronto Stock Exchange under the
symbol Z.UN.

    %SEDAR: 00019107E




For further information:

For further information: Investor Inquiries: Stephen Gunn, Chairman and
Chief Executive Officer; Vicki Jones, Chief Financial Officer and Corporate
Secretary, Tel: (416) 242-4774, Fax: (416) 242-9644,
www.sleepcountry.ca/investor

Organization Profile

SLEEP COUNTRY CANADA INCOME FUND

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